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Tuesday, November 5, 2024

What happened to the median home price in Weddington (Union County) during November 2020?

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The median sale price of a home sold in November 2020 in Weddington in Union County fell by $275,000 while total sales increased by 33.3%, according to BlockShopper.com.

In November 2020, there were four homes sold, with a median sale price of $500,000 - a 35.5% decrease over the $775,000 median sale price for the same period of the previous year. There were three homes sold in Weddington in November 2019.

The median sales tax in Weddington for the most recent year with available data, 2019, was $3,764, approximately 0.8% of the median home sale price for November 2020.

The following table compares Weddington to other Union County cities in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Marvin52150%$820,000$745,00010.1%
Wingate110-90%$562,000$196,000186.7%
Fairview23-33.3%$556,250$125,000345%
Weddington4333.3%$500,000$775,000-35.5%
Waxhaw2539-35.9%$439,000$325,00035.1%
Wesley Chapel63100%$435,000$735,000-40.8%
Stallings15147.1%$330,000$264,00025%
Indian Trail2148-56.3%$282,000$266,5005.8%
Monroe1851-64.7%$246,500$205,00020.2%
Unionville34-25%$215,000$296,500-27.5%
Mineral Springs220%$187,500$270,000-30.6%
Marshville08-100%$0$133,500-100%
Mint Hill00-$0$0-
Hemby Bridge01-100%$0$193,000-100%
Lake Park05-100%$0$210,000-100%
Matthews00-$0$0-
* This story only considers sales data for the part of Weddington that is in Union County.

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